New Home Sales Spike 14% In September

New Home Sales Spike 14% In September

Assessment

Interactive Video

Other

University

Hard

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The video discusses the recent performance of the housing market, highlighting a significant increase in both median and average home prices over the past year. Despite supply chain shortages, demand remains high, indicating a robust market.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the median price of a new home in September?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

By what percentage did the median price increase from a year ago?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the average sales price of homes mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How much higher was the average sales price compared to a year ago?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are builders facing according to the text?

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